Michelle Sangalang
W-2 High income looking for ways to minimizes taxes with Real estate license
Hey BP Team!Looking for some advice on how to minimize taxes in CA. Here are the facts:1. High income W-2 ($400k+) earner and would like to keep my job.2. Own 3 LTR properties all in CA under a Trust.3. My spouse and ...
Andy Sabisch
So how would you handle this type of tenant
Quick question . . . our leases state that the rent is late if not paid by the 3rd of the month and at 15 days, we will initiate eviction proceedings. We have one tenant that screened well (talked to the previous lan...
Brian Fabel
Partnership after closing? Can it be done?
We (my wife and I) had been looking for a partner to go in on a property, but couldn’t find one, so moved forward; we made an offer on a second home that we will also use for AirBnb short term rental when not using o...
Paul Dudley
Estimating Depreciable Basis - Med Office Suite
I've happened upon an opportunity to purchase a Medical Office Condo comprising approx 12.5% of larger development. Purchase price approx 600k. This would be leased, not owner occupied. I have no real interest in ...
Tom McGee
How to move rental units from personal to LLC structure
I am trying to restructure my rental units (2 duplexes), currently in PA. Currently, they are financed under my personal name. My goal is to set up an LLC in Wyoming (I heard this is the best state to do an LLC) and ...
Chris Davis
Already have property - Need advice how to get started
I currently live in a condo downtown in Pittsburgh and I plan on moving this summer and renting out my current place. I have all the numbers worked out and I decided Im definitely going to do it. Problem is, Im not s...
James Uglesich
Waiting to start my LLC
Hello all,
My name is James Uglesich from the Portland Oregon area and I am just getting started in real estate investing. I am starting in wholesaling so that I can build my capital so that I can start purchasing m...
Christopher J Woodland
2 1 Rate buydown
So, I've come across 2-1- rate buydowns a few times recently. I understand the general concept of it don't really understand the mechanics of how it works. I was hoping someone could explain how you work this into a c...
Michael McLoughlin
Due Diligence on Mortgage Note Advisors
Hi everyone. I'm a new member and just want to say that this site has been extremely helpful for my learning process.The past week or so I've been doing some research on mortgage note and syndicate investing. For thos...
Michael Calderaro
Important paragraphs to look for in a laundry lease
Greetings Gentle Readers!Important Disclosure: I am not a real estate attorney and I only offer my anecdotal and my 30+ years' work experience in the informational blogs I write. Should any legal question arise from y...